In recent industry news, first-time buyers made up a substantial 27% of sales in October. This surge in purchases by new entrants into the market is a significant development that could have substantial ramifications for the housing industry moving forward.
Key points:
– First-time buyers accounted for 27% of sales in October
– This marks the first year-over-year hike in existing home sales since July 2021
– The increase in first-time buyers is a positive sign for the housing market
– For more details, you can read the full article on Weekly Real Estate News website.
You can read this full article at: https://wrenews.com/existing-home-sales-score-first-year-over-year-hike-since-july-2021/
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